RNG Options History — September 2021

In September 2021, RNG traded between $213.36 and $260.12. ATM implied volatility averaged 42.3%, placing in the 19.7% IV rank vs the trailing year. The 30-day expected move averaged 12.1%. IV traded above realized volatility by 7.6% (HV 20d: 34.7%). Max pain ranged from $230.00 to $260.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 1.05.

Notable Days

  • 2021-09-28: Highest Volume — 9,768 contracts
  • 2021-09-28: Largest IV spike — 9.7% change
  • 2021-09-20: Highest IV Rank — 31.5%
  • 2021-09-20: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$228.48$213.36$260.12$260.12$218.02
Max Pain$239.05$230.00$260.00$260.00$240.00
ATM IV42.3%39.8%45.0%39.8%44.7%
Expected Move12.1%10.7%13.1%10.7%12.0%
HV 20d34.7%29.2%37.5%36.8%34.8%
HV 60d38.3%36.6%40.3%38.6%37.0%
IV Rank19.7%7.9%31.5%7.9%30.3%
IV Percentile18.1%6.3%34.9%6.3%34.9%
Term Structure0.8%-3.3%8.1%1.0%4.3%
VWIV42.7%39.8%46.4%39.8%44.1%
Skew 25d3.2%-0.3%5.1%3.1%2.5%
Skew 10d5.7%1.7%8.4%6.8%8.4%
Call IV 25d42.0%37.3%45.8%39.3%43.5%
Put IV 25d45.1%42.3%48.5%42.4%46.1%
Bid-Ask Spread %72.2361.3679.0861.5773.54
Gamma HHI0.110.090.270.100.12
Net GEX-2.4M-9.7M3.8M3.8M-5.1M
Net DEX119.9M-70.0M211.0M-70.0M146.1M
Net VEX-1.2M-1.4M-1.1M-1.4M-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.083.913.870.08
Total Volume3,366.0951,1569,7684,2988,112
Total OI48,028.90539,99155,55839,99152,725

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$260.12$260.0039.8%10.7%36.8%7.9%39.8%3.1%1.0%3.8M-70.0M-1.4M3.8761.57N/AN/A8823,41623,05916,932
2021-09-02$254.88$230.0040.4%11.6%34.8%9.6%40.5%5.1%1.2%2.7M-35.2M-1.4M1.3977.60N/AN/A1,0831,50223,31217,568
2021-09-03$251.17$230.0040.3%11.6%35.1%9.2%42.3%1.3%-0.0%-1.3M1.7M-1.4M0.3477.35N/AN/A86429223,72419,569
2021-09-07$241.37$230.0043.8%12.1%29.7%20.5%42.2%3.5%-3.3%-2.8M65.4M-1.3M0.8677.90N/AN/A2,7802,39223,08920,113
2021-09-08$236.08$230.0041.6%12.1%29.6%13.5%43.3%2.6%1.2%-4.0M99.4M-1.2M2.4875.95N/AN/A6991,73023,36020,184
2021-09-09$233.25$240.0041.0%11.9%29.2%14.0%42.1%3.5%0.9%-5.6M128.2M-1.3M0.7277.38N/AN/A89864825,38222,325
2021-09-10$219.89$240.0042.3%12.3%35.2%20.2%45.2%-0.3%0.9%-9.7M211.0M-1.1M0.9976.91N/AN/A4,0254,00225,68022,248
2021-09-13$220.81$240.0042.8%12.4%35.0%22.5%43.8%3.3%-0.5%-3.7M190.7M-1.1M3.9177.06N/AN/A1,2444,86925,37521,136
2021-09-14$217.12$240.0042.8%12.2%33.6%22.5%42.9%4.2%-0.4%-2.7M203.7M-1.1M0.7776.65N/AN/A1,17790527,64822,783
2021-09-15$218.80$240.0042.2%12.1%34.0%19.9%42.2%3.3%-0.4%-3.2M195.1M-1.2M0.4978.87N/AN/A1,51074128,62424,502
2021-09-16$225.07$240.0041.1%11.8%34.2%15.4%41.6%2.9%0.3%-1.7M148.3M-1.3M0.3379.08N/AN/A1,82860529,23224,896
2021-09-17$233.02$240.0041.5%12.0%36.9%17.2%42.2%2.9%-1.5%-2.1M65.9M-1.4M0.6777.79N/AN/A2,8021,87330,37825,180
2021-09-20$227.52$240.0045.0%13.1%37.5%31.5%46.4%4.2%-0.1%-278.0K91.3M-1.3M0.4961.36N/AN/A1,03550624,55522,664
2021-09-21$223.75$240.0043.9%12.7%37.2%27.1%46.1%4.6%0.5%-629.3K121.3M-1.3M0.3263.72N/AN/A97431424,92723,072
2021-09-22$222.78$240.0043.7%12.2%36.1%26.2%42.4%3.0%-0.4%-1.1M136.0M-1.2M0.2366.20N/AN/A1,30830725,32323,386
2021-09-23$223.51$240.0040.9%11.7%36.3%14.6%41.7%3.0%-1.1%-1.4M138.6M-1.2M1.0764.15N/AN/A60865325,43323,613
2021-09-24$221.95$240.0041.4%11.8%36.3%16.7%40.9%2.9%1.0%-1.8M148.6M-1.2M0.6666.54N/AN/A93361425,73823,689
2021-09-27$220.11$240.0040.7%11.6%35.5%14.0%40.8%2.4%8.1%-1.6M153.7M-1.1M1.4468.08N/AN/A61087824,93123,256
2021-09-28$215.58$240.0044.7%12.9%35.8%30.3%43.4%4.7%2.1%-2.9M180.6M-1.1M0.5669.26N/AN/A6,2503,51825,42223,665
2021-09-29$213.36$240.0044.6%12.7%35.8%30.0%43.7%3.8%3.5%-4.5M197.0M-1.1M0.2969.75N/AN/A1,00829325,68924,220
2021-09-30$218.02$240.0044.7%12.0%34.8%30.3%44.1%2.5%4.3%-5.1M146.1M-1.2M0.0873.54N/AN/A7,52858426,27426,451